OHbaby! Forums : ASG scholarship fund https://www.ohbaby.co.nz/forum/ Copyright (c) 2006-2013 Web Wiz Forums - All Rights Reserved. Mon, 04 May 2026 11:52:01 +0000 Wed, 29 Aug 2007 14:55:52 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 12.05 360 https://www.ohbaby.co.nz/forum/RSS_post_feed.asp?TID=10296 <![CDATA[OHbaby! Forums]]> https://www.ohbaby.co.nz/forum/forum_images/web_wiz_forums.png https://www.ohbaby.co.nz/forum/ <![CDATA[ASG scholarship fund : They send you out stuff that encourages...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204966&title=asg-scholarship-fund#204966 Author: Peace
Subject: 10296
Posted: 29 August 2007 at 2:55pm

They send you out stuff that encourages their program but nothing to keep in the way of how it works. I guess them going door to door is a good screening process. Stop the hand outs and you don't get every Tom, Dick and Harry.]]> Wed, 29 Aug 2007 14:55:52 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204966&title=asg-scholarship-fund#204966 <![CDATA[ASG scholarship fund : Peace wrote:no, they don&#039;t...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204938&title=asg-scholarship-fund#204938 Author: meow
Subject: 10296
Posted: 29 August 2007 at 1:59pm

Originally posted by Peace Peace wrote:

no, they don't let you keep any reading material!


Don't you find that a bit strange though.. what are they trying to hide?]]> Wed, 29 Aug 2007 13:59:41 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204938&title=asg-scholarship-fund#204938 <![CDATA[ASG scholarship fund : I found them so pushy that I signed...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204864&title=asg-scholarship-fund#204864 Author: Maya
Subject: 10296
Posted: 29 August 2007 at 11:25am

I found them so pushy that I signed up just to get the guy out of my house, then went straight to the bank and cancelled the cheque I'd written them. I might have been genuinely interested if he hadn't been so pushy (and bordering on creepy IMO) but he put me right off. The gremlins were only 4 weeks old at the time and I was on maternity leave so we had no $$$ to spare whatsoever let alone the $80 a week they wanted to enrol all three kids.
But from a financial perspective they're no dodgier than any other investment fund. They've been around a long time and are reasonably secure.]]> Wed, 29 Aug 2007 11:25:28 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204864&title=asg-scholarship-fund#204864 <![CDATA[ASG scholarship fund : I found them so pushy that I signed...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204862&title=asg-scholarship-fund#204862 Author: Maya
Subject: 10296
Posted: 29 August 2007 at 11:23am

I found them so pushy that I signed up just to get the guy out of my house, then went straight to the bank and cancelled the cheque I'd written them. I might have been genuinely interested if he hadn't been so pushy (and bordering on creepy IMO) but he put me right off. The gremlins were only 4 weeks old at the time and I was on maternity leave so we had no $$$ to spare whatsoever let alone the $80 a week they wanted to enrol all three kids.
But from a financial perspective they're no dodgier than any other investment fund. They've been around a long time and are reasonably secure.]]> Wed, 29 Aug 2007 11:23:02 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204862&title=asg-scholarship-fund#204862 <![CDATA[ASG scholarship fund : It&#039;s $11 per week and yeah,...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204746&title=asg-scholarship-fund#204746 Author: Peace
Subject: 10296
Posted: 29 August 2007 at 8:33am

It's $11 per week and yeah, you lose your money into their "pot" to go to the other kids if you pull out. You can actually put your account on hold if you are in financial strife and can't pay for it and no, they don't let you keep any reading material!

Edited by Peace]]> Wed, 29 Aug 2007 08:33:48 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204746&title=asg-scholarship-fund#204746 <![CDATA[ASG scholarship fund : Glad to read this post as I looked...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204723&title=asg-scholarship-fund#204723 Author: peanut butter
Subject: 10296
Posted: 29 August 2007 at 7:22am

Glad to read this post as I looked at the form with suspicion and decided to research further before filling in....sounds like too much hassle.]]> Wed, 29 Aug 2007 07:22:46 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204723&title=asg-scholarship-fund#204723 <![CDATA[ASG scholarship fund : We had a guy come around too and...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204718&title=asg-scholarship-fund#204718 Author: meow
Subject: 10296
Posted: 29 August 2007 at 7:13am

We had a guy come around too and he was way too pushy. Wouldn't let me keep some information to read over, said I had to sign up right then. That was enough to make me think there was something dodgy about them.

My friend who told the guy I'd like to hear information about it, signed up.. since then, she put about $500 into the account.. she has since pulled out and lost all that money. They claimed it was all for fees etc. That sucks and there is nothing she can do about it.. imagine if you'd put $12000 in there and they wouldn't give it back.]]> Wed, 29 Aug 2007 07:13:00 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204718&title=asg-scholarship-fund#204718 <![CDATA[ASG scholarship fund : A friend of mine has signed up...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204705&title=asg-scholarship-fund#204705 Author: Mama2two
Subject: 10296
Posted: 28 August 2007 at 11:45pm

A friend of mine has signed up for this and kindly gave them my details. Since then they won't stop ringing! I have told them I am not in the position to be putting away $100 a week for my childs education at this point in time, but are still getting the phone calls! Grrrr! The concept is good, but I think you could probably do just as well if you started a savings account yourself and then invested it when it got to a decent amount. And like Peace said, there are pitfalls if your child doesn't end up going to university.]]> Tue, 28 Aug 2007 23:45:06 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204705&title=asg-scholarship-fund#204705 <![CDATA[ASG scholarship fund : I had a look into this and the...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204693&title=asg-scholarship-fund#204693 Author: Peace
Subject: 10296
Posted: 28 August 2007 at 10:56pm

I had a look into this and the guy came around and did a presentation. It is a legitimate scholarship fund where you put away a sum of money per week (which increases by a dollar a year) till your child hits high school. You then get a payment every year for the next 5 years. The govt gives you some cash and you also earn interest on the money, so that when your child finishes high school and goes onto Uni they have $12,000 to study with. The reason why they are allowed to be a non-profit organization is because the money that is being saved is for education and there was some sort of legislation (the guy has a clipping) about it in the 80's.
Now the thing *I* didn't like is that if Olivia chose not to go to Uni, the money that you earned in interest and govt hand out gets put back into the system so no money back.
Now the guy said to me because in a usual bank you would pay about $12,000 in bank fees between now and the end of High School, that we would usually never see that money anyways in a normal bank account.
I completely disagree and think if you have the brains to move the money into high interest accounts as the money gets greater and greater, then you have a better chance of earning more money.

We told him at the interview that we would think about it then I rang up his answering machine, and said we were going with Kiwi Saver instead (such a LIAR LIAR!).
It does look alright though for middle of the road.]]> Tue, 28 Aug 2007 22:56:23 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204693&title=asg-scholarship-fund#204693 <![CDATA[ASG scholarship fund : My friend has had issue with them....]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204682&title=asg-scholarship-fund#204682 Author: mummy_becks
Subject: 10296
Posted: 28 August 2007 at 10:26pm

My friend has had issue with them. They push and push and push for you to sign up. She asked for info over the phone and they refused, they said they had to come around and thats the only way she can get the info. Why I don't know.

]]> Tue, 28 Aug 2007 22:26:39 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204682&title=asg-scholarship-fund#204682 <![CDATA[ASG scholarship fund : Good luck! Hope it goes well ]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204680&title=asg-scholarship-fund#204680 Author: mum2three
Subject: 10296
Posted: 28 August 2007 at 10:24pm

Good luck! Hope it goes well]]> Tue, 28 Aug 2007 22:24:37 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204680&title=asg-scholarship-fund#204680 <![CDATA[ASG scholarship fund : I filled in a form in my bounty...]]> https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204678&title=asg-scholarship-fund#204678 Author: Mikaela
Subject: 10296
Posted: 28 August 2007 at 10:21pm

I filled in a form in my bounty pack which had something along the lines of 'win a $10k education fund for your child' on it, and sent it off. This morning we got a phone call from a guy from ASG asking if he can come and meet with us to discuss saving for our son's education, or somesuch (DH took the call).

Anyway, I'm trying to work out what these guys are all about. The website says they're a not-for-profit organisation who invests money for parents to put towards their children's education, which sounds good in theory - but what if they're dodgy? Has anyone had any experience with them?]]> Tue, 28 Aug 2007 22:21:35 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=10296&PID=204678&title=asg-scholarship-fund#204678